Remittances

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Remittances

Remittances are among the most tangible links between migration and development. According to World Bank projections, global remittances will reach $515 billion in 2015. Developing countries receive the lion’s share of global remittances, and in 25 countries, remittances were equal to more than 10 percent of gross domestic product as of 2011. Remittances, as the research here discusses, can play an effective role in reducing poverty, and they provide a convenient angle for approaching the complex migration agenda.

In Moldova, 100,000 children have been left behind by migrant parents; in Ukraine, there are 200,000 such children. The scale of labor migration and impact of remittances on both economies have prompted Moldova and Ukraine to work with the European Union and international organizations to develop policies addressing the welfare of left-behind children. This article examines research on the effects of parental migration on children and the policy environment.

The recent special session of the United Nations (UN) General Assembly, labeled the High-Level Dialogue on International Migration and Development (HLD), was the UN's second-ever discussion devoted solely to international migration. This article examines the implications and outcomes of the HLD, identifies some of the issues that garnered widespread support, and assesses whether the international community is inching toward greater multilateral engagement on migration.

The region encompassing Central and Eastern Europe as well as the former Soviet Union is the source of a sizeable share of international migrants today, yet many of these countries' development efforts do not benefit from strong diaspora ties.

The expansion of access to credit through microfinance—now a multibillion-dollar sector—has resulted in profound shifts across the developing world. This article, using Cambodia as its example, discusses the ways in which households are using microcredit in coordination with migration, and addresses critical questions about who benefits from these linkages—and what vulnerabilities they might create for migrants.

El Salvador's lengthy civil war crushed diasporas' opportunities for political or civic engagement in this small, densely-populated Central American nation. However, hometown associations—diaspora organizations that contribute to the development needs of their members' hometowns—represent a modern-day venue for civil society participation. This article explores how diasporas are contributing to development in more ways than just cash flows and projects by transforming the governance landscape.

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The 2012 Global Diaspora Forum challenged diaspora communities to forge partnerships with the private sector, civil society, and public institutions in order to make their engagements with their countries of origin or ancestry effective, scalable, and sustainable.

This discussion highlights the best practices and experiences of different countries in engaging and maximizing the contributions that diasporas can and do make to the development of their country of origin, and more broadly the experience of policymakers in both sending and receiving countries and the related challenges and opportunities they face.

Over the past year, MPI has partnered with the U.S. Agency for International Development (USAID) and the John D. and Catherine T. MacArthur Foundation to examine how diasporas contribute to – or detract from - development efforts in their countries of origin. MPI and USAID have published an edited volume of the research. Please join us for the release of the book where speakers will discuss new thinking on the role of diaspora engagement in U.S. foreign and development policy.

Marking the release of the 12th MPI-IOM Issue in Brief, this event in Bangkok examined the emerging trends in women’s labor migration in the Asia-Pacific region, and the related opportunities and challenges. The audio does not include opening remarks and begins with the author's presentation.

This discussion highlights the best practices and experiences of different countries in engaging and maximizing the contributions that diasporas can and do make to the development of their country of origin, and more broadly the experience of policymakers in both sending and receiving countries and the related challenges and opportunities they face.

This discussion includes a status of preparation of the 2012 GFMD summit, including a discussion on the possible ideas and projects presently being contemplated that would fully integrate migration into the development framework, with a special focus on Africa.

Recent Activity

Marking the release of the 12th MPI-IOM Issue in Brief, this event in Bangkok examined the emerging trends in women’s labor migration in the Asia-Pacific region, and the related opportunities and challenges. The audio does not include opening remarks and begins with the author's presentation.

The number of women migrants in many countries in the Asia-Pacific region is on the rise. While migration can provide unique opportunities for female workers to improve their livelihoods and gain greater autonomy, it also exposes them to new types of vulnerability and discrimination. This brief looks at the trends and patterns in female labor migration in the Asia-Pacific region as well as key policy challenges relating to female migration.

While there is growing consensus on the value of immigrant integration support prior to departure, such initiatives generally have not fully realized their potential. This policy brief reviews promising examples of predeparture measures for labor market integration in Europe that are jointly designed and/or run by origin- and destination-country actors, illustrating their potential to help effectively address some of the most stubborn obstacles to successful integration.

The Member States of the United Nations must negotiate a set of sustainable development goals (SDGs) that will frame a new international development agenda to replace the Millennium Development Goals (MDGs) that expire in 2015. This issue brief examines how migration can be integrated into the post-2015 development agenda, outlining proposed migration targets and elements for indicators within the SDGs.

As hundreds of migrants were drowning in the Mediterranean, the United Nations General Assembly was hours from gathering for only the second time in its history to address international migration. The juxtaposition threw a question into sharp relief: does the world body have any impact on the world’s migrants?

This policy brief, which concludes a nine-brief series examining what is known about the linkages between migration and development, suggests that the policy framework on migration and development remains relatively weak, and few development agencies have made it a priority to promote the positive impact of international migration.

Remittances represent a major vehicle for reducing the scale and severity of poverty in the developing world. Besides pure monetary gains, remittances are associated with greater human development outcomes across a number of areas, including health, education, and gender equality. The author argues that policymakers can maximize the positive impact of remittances by making them less costly and more productive for both the individual and the country of origin.